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Tristy
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ETHFI, SUI, ALT, AERO reached new ATHs.
$ETHFI
$SUI
$ALT
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ETHFI
2.133
+6.43%
SUI
4.6425
+8.05%
ALT
0.12591
+7.68%
6.7k
0
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👀 Bitcoin options worth over $9.4B set to expire Friday Over 134,000 $BTC worth of open interest is set to expire on the Deribit exchange at 8 am UTC on Friday, suggesting a max pain price of $50,000. 💡The max pain price is the strike price with the most open Bitcoin options contracts (puts and calls), at which the given asset would cause financial losses for most option holders at expiration.
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Optimism allocated a total of 850 million Optimism tokens worth $3.3 billion for grants to its blockchain builders. 4 rounds of Retro Funding in 2024: ▫️Round 4 (May) - Onchain Builders. This includes builders who bring new users to the Superchain, drive network effects and protocol usage. ▫️Round 5 (August) - OP Stack. Contributions to the OP Stack and improvements to the foundational elements of Optimism's infrastructure will be rewarded in this round. ▫️Round 6 (August) - Governance. This round will focus on rewarding key governance infrastructure that enables continued decentralization. ▫️Round 7 (October) - Dev Tooling. Supporting Optimism builders with developer tooling is the focus of this category. $OP
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The SEC has proposed a final judgment suggesting that Ripple Labs should be fined nearly $2 billion. The recommendation, submitted to a New York court, calls for consideration of the company's serious infractions. The suggested penalty comprises $876 million in disgorgement, approximately $198 million in prejudgment interest, and an additional civil fine of $876 million, as per the filing on Monday. Judge Analisa Torres has been requested to sanction this substantial fine.
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The Bitcoin Bonanza: Fidelity's Fabulous Fortune
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In a significant move for the Web3 space, Panasonic has partnered with the Jasmy blockchain to unveil a new Internet-of-Things (IoT) platform. This collaboration aims to revolutionize the way personal data is connected across IoT devices. Panasonic and Jasmy's Innovative Web3 IoT Platform The partnership between Panasonic and the Jasmy blockchain, which began in February, has culminated in the launch of an innovative Web3 IoT platform, officially announced on March 26. The platform leverages Jasmy's Personal Data Locker to offer a secure and user-controlled data storage solution, promising to improve data processing and responsiveness. The focus of this platform is on speed and agility, utilizing Web3 technologies to create an open ecosystem that can be applied across various industries. The goal is to attract a wide user base and encourage widespread use. Development Timeline and Technical Insights Hiroshi Harada, the CFO of Jasmy, indicated on social media that the decentralized personal data platform is slated for completion within the next three to six months. Jasmy's website details that the Personal Data Locker will manage hash values on the blockchain, while actual data files will be stored on a decentralized network, ensuring system performance is not compromised by block storage capacity or file size constraints. Jasmy's Market Impact and Future Prospects Since its inception by former Sony executives in 2016, Jasmy has been a notable player in the cryptocurrency market, especially after listing its JasmyCoin (JASMY) in 2021. Often referred to as "Japan's Bitcoin," Jasmy operates a unique model where merchants pay for access to data on the platform, and data owners are compensated with JASMY tokens. Following the announcement of Panasonic's partnership with Jasmy, the JASMY token experienced a 3% increase in value over the last day, with trading volumes skyrocketing over 100% to $256 million. Over the past month, the token has seen a substantial rise of 42.8%. $JASMY
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